Month: December 2021

Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. As we entered 2021, I wrote about the big question on every startup’s mind for 2021: How will a cataclysmic event such as a pandemic show up in post-pandemic innovation? Well, spoiler
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With e-commerce becoming increasingly globalized, a company called Taxdoo, which builds API-based tools to help e-commerce companies with tax compliance and other accounting needs, is announcing a round of funding: $64 million, a Series B that the Hamburg-based startup will be using to expand further across Europe and to build what it describes as the
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As companies get employees back into offices, startups like New York-based foodtech company Fraîche aims to be the brand feature that welcomes them back. Today, the company, founded in 2019, announced $2 million in seed funding by backers that included La Boulange’s Pascal Rigo, Petrus Winery’s Jean Moueix, Bakerly’s Bruno and Julien Caron and the
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Alitheia IDF (AIF), a women-focused private equity fund in Africa has raised $100 million to invest in gender-diverse businesses across the continent. The fund is looking to bridge the financing gap for women-led or owned businesses in Africa – where women startup founders are less likely to receive funding despite their increasing enterprise. Women-only founders
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Elementary, an artificial intelligence machine vision company, closed on $30 million in Series B funding to continue developing its manufacturing quality and inspection tools. We last profiled the Pasadena-based company last June when it raised $12.7 million in a financing round led by Threshold Ventures. Elementary’s tools enable customers to create no-code inspection routines and
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Fuzey, a London-based company providing what it calls a “digital one-stop shop” for small businesses and independent contractors, raised $4.5 million in seed funding. The round was led by byFounders with participation from Flash Ventures, Global Founders Capital, Ascension and a group of angel investors, including Index Ventures’ venture partner Stephane Kurgan and Amplo VC
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New research examining what happens after Internet users in Europe land on an ad-supported website and express their “privacy choices” — using a flagship ad industry consent management platform which is supposed to allow them to control the types of ads they receive (i.e. non-tracking vs “personalized”) — has raised fresh questions over the IAB
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A digital mobile overdraft facility christened Fuliza, by Kenya’s biggest telco Safaricom Plc, is giving the country’s popular loan apps a run for their money barely three years after its launch. Fuliza allows Safaricom customers to access unsecured credit by overdrawing on M-Pesa – the telecommunication company mobile money wallet that allows its users to
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Instant grocery — where urban-dwelling consumers buy food and other essentials and can get them delivered in 15 minutes or less — continues to be a big business, and one of the juggernauts in the space is now raising a big round of funding to meet that opportunity: Gopuff is in the process of raising
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Continual, a startup that aims to bring operational AI to the modern data warehouse-centric data stack, today announced that it has raised a $4 million seed round led by Amplify Partners, with Illuminate Ventures, Essence, Wayfinder and Data Community Fund also participating in the round. With this announcement, Continual is also opening up its service
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